Slashdot Mirror

← Back to Stories (view on slashdot.org)

Bloomberg Starts Tracking Tesla Model 3 Production (bloomberg.com)

Posted by BeauHD on from the master-plan dept.

WindBourne writes: Tesla is producing their Model 3, but is apparently tired of answering critics about production. So, they quit telling. Now, Bloomberg has an active tracker that shows the total production and deliveries, along with the production per week, which is probably more important. In fact, they are now up to 1,025 Model 3s per week, and it is apparent that Tesla is growing by leaps and bounds on this as parts of the manufacturing line are converted to full robotics. Bloomberg reportedly tracks Tesla's production via Vehicle Identification Numbers (VINs), which are unique strings of digits displayed on every new car sold in the U.S., along with "data from official U.S. government resources, social media reports, and direct communication with Tesla owners." While the company is now building approximately 1,025 Model 3 vehicles a week, Bloomberg estimates that Tesla has manufactured a total of 7,438 Model 3s so far.

1 of 55 comments (clear)

  1. Re:Only 1025 per week by LordKronos · · Score: 5, Interesting

    Wow...just take their current production rate and forecast it out. What a brilliant forecasting model. However, I'm going to challenge your your model with a one of my own that is equally brilliant.

    From the chart in that article, the estimate is that Telsa manufactured about 107 of the Model 3 in September. In October that jumped to 232. November was 686. Dec was 1499, and in January they manufactured 2909 new vehicles.

    So on average, that's at least a doubling of production every month (higher actually, but we'll just say double to keep it simple). At that rate, by April they will be manufacturing 23,272 vehicles per month. By July, that will be up to 186,176 per month. By October they should be manufacturing 1,489,408 vehicles per month. And just skipping ahead a bit, by August 2019 they should be manufacturing about 1.5 billion of the Model 3 per month. And that's only 1.5 years out. Calculating out to your estimated 7.5 year time frame, I estimate that by then Tesla will be producing 7,202,335,148,562,342,439,363,104,735,232 units per month.

    Do you see anything wrong with either of our projections?